It took decades but finally the government of Kelantan (a state in Malaysia - They have a federal system like the USA) last year listened and introduced Gold and Silver currency which is legal tender in that state. They are even paying civil servants using it.

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Another Malaysian state (Perak) has now introduced its own Gold Dinar and Silver Dirham coins. Kelantan was first, in August of 2010.

That equates to roughly $66,800,000,000. Divide that by 1B people and they'll have $66 each, and that's only if all the women in India surrender their gold jewelry. Highly unlikely one would, let alone half a billion plus of them.

It took decades but finally the government of Kelantan (a state in Malaysia - They have a federal system like the USA) last year listened and introduced Gold and Silver currency which is legal tender in that state. They are even paying civil servants using it.

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Another Malaysian state (Perak) has now introduced its own Gold Dinar and Silver Dirham coins. Kelantan was first, in August of 2010.

i hope you don't mean to buy a pint of milk. because the size of a coin that has a value of a loaf of bread or a pint of milk is smaller then . <- that dot. for "private coinage" to use on daily bases.

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It took decades but finally the government of Kelantan (a state in Malaysia - They have a federal system like the USA) last year listened and introduced Gold and Silver currency which is legal tender in that state. They are even paying civil servants using it.

Quote

Another Malaysian state (Perak) has now introduced its own Gold Dinar and Silver Dirham coins. Kelantan was first, in August of 2010.

i hope you don't mean to buy a pint of milk. because the size of a coin that has a value of a loaf of bread or a pint of milk is smaller then . <- that dot. for "private coinage" to use on daily bases.

I think there exists somewhere a plastic coin with a gold nugget cast in.

Gold is a really bad form of money for everyday transactions, just better than any other commodity. Representative forms of it are far superior. Bitcoin crushes both gold and its representations as a form of money.

The Liberty Dollar tried this and the founder is [going to be] sitting in federal prison because:

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Attorney for the Western District of North Carolina, Anne M. Tompkins, described the Liberty Dollar as "a unique form of domestic terrorism" that is trying "to undermine the legitimate currency of this country".[28] The Justice Department press release quotes her as saying: "While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country.

Introducing constraints to the economy only serves to limit what can be economical.